Posts tagged toIndustry Report

In the early hours of Monday October 2, 2017, KPMG announced that it had entered the office of Monarch Airlines and the company had officially entered administration. In the following hours the Civil Aviation Authority chartered 30 planes from across Europe to repatriate some 110,000 British citizens and customers who were then stranded abroad with no return flights. Cancellations of every flight from October 2 and onwards have affected some 300,000 bookings and likely close to a million individuals, and Monarch’s departure from the short-haul flight market will almost certainly… Read more

In the 1980s, Europeans and Americans started to get hooked on debt to afford their lifestyle. Newly available bank loans, a wide range of mortgages and credit cards suddenly became a necessity. At that time Robert Dall, a mortgage trader at Salomon Brothers, started to mix two or more types of mortgages together and re-sell them in the global financial markets. In an interview with BBC Panorama in 2015, Dall pointed out that “some mortgages were real and others were phoney” and “the market did not understand the difference between… Read more

With the Festive Season just around the corner, MarketLine is proud to introduce a number of fantastic discounts across its industry reports. Budgets are tight, and whilst your company spending may be approaching its limit, the demand for quality market knowledge is as high as ever. That is why, until December 31st, our best-selling titles are on offer to you with up to 25% off. Industry Guides: Looking to expand your business into new countries or simply understand your current market? Explore and compare multiple markets across the globe with… Read more

While the oil segment is operated on a global scale, the natural gas segment tends to be more localized, due to high transport costs and the need to ensure adequate transport infrastructure. In its January report, the Organization of the Petroleum Exporting Countries (OPEC) reports that in 2012, the increase in production in OPEC countries was just 0.54 million barrels per day, as a result of record deceleration in the Middle East and Africa. However, in North America, the increase stood at more than one million barrels per day. The… Read more

The UK government has announced a major allocation of investment dedicated to improving England’s cycling infrastructure and thereby encouraging a new wave of commuters and recreational cyclists to get on their bikes. The investment, announced as a £94m ($149.2m) scheme to be split between some chosen cities and national parks, with £77m ($122.2m) shared between the cities and £17m ($26.9m) going to the national parks. The cities have been named as Manchester, Leeds, Birmingham, Newcastle, Bristol, Cambridge, Oxford and Norwich. Of these, the money has been weighted in favour of… Read more

Ukrainian state energy company, Naftogaz, has reduced gas imports from Russia by 30% so far in 2013 and will cut them further in 2014. At the same time imports from Europe will double, according to Ukraine’s Energy Minister Eduard Stavytsky. Imports from Europe are expected to reach 2-2.5 billion cubic meters this year, and no less than 5 billion cubic meters in 2014. The reason behind this move is the high price of Russian gas. While the sample average price of gas supplied from Europe by German firm RWE (RWEG.DE)… Read more

When potential plans to build a new high speed rail link in the UK were first announced, it immediately produced a huge rift between members of the general public. High speed 2 (HS2) was proposed as a huge new rail network, which would first link Birmingham and London, and then later in stage two link Birmingham to Manchester on one line and Birmingham to Leeds on another. This route essentially forms a Y shape up the spine of the country and spreads into both Greater Manchester and Yorkshire. There have… Read more

Since the interception of a rocket launched allegedly from Sinai, and the growing instability in Egypt, the Israeli Defense Force (IDF) have bolstered their defenses by deploying a sixth Iron Dome battery near Eilat, which was the target of the rocket attack. The Iron Dome missile defense system has proven exceptionally effective in the past. During Operation Pillar of Defense in November 2012, five of the IDF’s Iron Dome batteries intercepted 86% of the 421 rockets aimed at populated Israeli areas. Israeli defense spending had a total budget allocation of… Read more

Introduction The global internet access market grew at a good rate in 2012, despite some minor deceleration from previous years. Internet access, in general, is becoming more of a necessary lifestyle expenditure in many developed markets, meaning that consumers consider internet access to be something they are unlikely to go without. Even in times where disposable income is fairly low, we see consumers retaining internet access contracts. This is good news for the future of the market as although in coming years some regions will eventually become saturated, they are… Read more

Introduction Global defense spending continues to grow, despite many developed nations implementing considerable cuts to their defense budgets as part of their austerity measures. Western Europe in particular has suffered, as the impact of the Eurozone crisis has been felt by many EU members. For many countries in Europe defense spending is seen as a politically ‘safe’ area to make cuts, particularly as operations in Afghanistan wind down. At the same time, North America is suffering from the US’ sequestration measures which resulted in a decline in spending in 2012…. Read more

As Latin America continues to see strong economic growth, so too does Brazil’s personal care market, experiencing growth of 8.2% in 2012. According to industry reports published by the Brazilian Association of the Cosmetic Toiletry and Fragrance industry (ABHIPEC), the country is currently ranked as the third biggest beauty market in the world. Moreover, the rise in disposable income has triggered beauty spending and more women are spending money on their appearance than ever before. Therefore more beauty/cosmetics companies are eager to enter the Brazilian market. In addition to this,… Read more

This week, both Lloyds Banking Group (Lloyds) and Royal Bank of Scotland (RBS) have announced encouraging results for the six months to the end of June. The two banks, which are 39% and 81% government-owned respectively, returned to profit and this has led to speculation that the UK government may look to divest its interests. Lloyds’ results came first on Thursday (August 1st) and showed a £2.13bn (approximately $3.38bn) pre-tax profit. This signals a welcome return to form for one of the country’s so-called ‘Big Four’ banks and represents a… Read more

Introduction The global truck manufacturing market produced fairly low growth in 2012. However the market has been fluctuating in recent years and this growth perhaps indicates that the market is beginning to move out of the economic difficulties seen recently. This is not the case world-wide with some markets producing more reliable growth than others. The truck manufacturing market is heavily reliant on commodity prices, and increases seen in the cost of products such as aluminum can have a direct impact on the cost price of finished truck products. Figures… Read more

The Eurozone is still facing considerable financial instability according to a European Central Bank press release from July 13th. Austerity policies adopted by many European governments in the aftermath of the Greek crisis of 2010 increased its financial instability by suppressing the nascent economic recovery seen between 2009 and 2010. Fortunately, the prolonged assistance from the European Central Bank (ECB) reduced the level of bankruptcies in the financial system to a bare minimum. Fiscal policies, most notably tax increases and government cuts, that came in to force after the Greek… Read more

The global car manufacturing industry exhibited strong growth in 2012, although it should be noted that the situation differed greatly from country to country. Some of this growth was encouraged by certain government schemes to encourage the domestic manufacture and purchase of cars. One such example was the increase of import tax for cars in Brazil. In 2012, the levy imposed on cars produced outside of Brazil was increased from 25% to 55%, meaning that a Toyota Corolla that sells for $16,230 in the US costs the equivalent of $29,000… Read more

Persisting economic difficulties have had an impact on motorcycle manufacturers globally, particularly in Western Europe. An exception to this has been India, where motorcycle manufacturing has continued to grow rapidly despite difficult global economic conditions. The global motorcycle manufacturing industry declined by 5.8% in 2012, to reach a value of $62.1bn representing a compound annual rate of change of -0.1% for the period spanning 2008-2012. Europe, Asia-Pacific, North America and North America all experienced a decline in industry value in 2012, with on-going financial difficulties affecting global manufacture. India’s continued… Read more

Introduction: Political constraints have contributed to nuclear energy declining in 2012 in both output and volumes. Industry Figures: The global industry contracted by -7.4% in 2012, to reach a value of $137bn, indicating a compound annual rate of change (CARC) of 3.9% in the period 2008-2012. Asia-Pacific and Americas were primarily responsible for the decline. Japan’s continued reactor shutdowns contributing to the catastrophic decline. Elsewhere, in the US, the largest nuclear energy market, companies are feeling cautious about any further investment in the current macroeconomic environment. In Europe, Germany has ordered the… Read more

The melting of the Polar ice caps has opened the potential for a new shipping route which could cut thousands of kilometres between Asia and Europe, offering long-term hope for the shipping industry. The North Sea Route, a Russian regulated shipping lane between Murmansk in the Barents Sea and the Bering Strait, has seen over 213 applications to date in 2013, with 204 approved. Compared to 2012, where only 46 ships sailed, and two the previous year. Historically, the route was always limited by frozen waters. As climate change persists,… Read more

Control systems, including programmable logistic controllers (PLC) and distributed control systems (DCS) are widely applicable and once installed, contribute towards better energy efficiency, increased productivity and safety. They can help companies achieve a competitive edge in a global scale. Currently, America and Europe are the largest markets for industrial control and factory automation; however, the emerging economies, mainly in Asia-Pacific and the Middle East, are growing at the fastest rate. These markets are expected to generate the largest revenue stream in the nearest future, as they pursue expansion and improvement… Read more

Security services company G4S has suffered another blow to their reputation as the UK’s Justice Minister Chris Grayling called in the Serious Fraud Office (SFO) related allegations of fraud of a potential £50m ($79m). The allegations relate to the charging of the government for their electronic tagging services. Both G4S and Serco continued to bill the government after tagged individuals moved abroad, returned to prison, or even died. The ministry believes there could be a case of over 3,000 “phantom” taggings, when it received billing for 18,000 offenders when it… Read more

The Bank of England has flooded commercial banks with money in the aftermath of the financial crisis. The aim of its policy has been to inject money into the economic system and consequently increase investment and consumer spending. How does monetary expansion work? Since March 2009, the bank has bought government debt from pension funds, commercial banks, insurance companies and non-financial firms. Commercial banks selling their government debt to the central bank in exchange for cash should be depositing more money into their own reserves. This extra capital should then… Read more

Following a contraction in Greek domestic product worth at least 15%, the country has, since 2009, been hobbled by market reaction to negotiations with creditors culminating in an (overall) bailout worth $310bn. Greek debt now stands at 171% of GDP. In part a reaction to this, the Greek government, led by prime minister Atonis Samaras, has put up domestic industry for tender or sale to the private sector. Depa, Greece’s natural gas corporation, is the subject of a bid by Gazprom: the Russian company, which already supplies 90% of Greek… Read more

In September 2009, UK-based company Kepak Convenience Foods extended its Rustlers line of hot snacks to include a range of Rustlers Hot Subs microwaveable sandwiches. Sales over the first 12 months of the line’s launch exceeded £10m, accounting for around 10% of the UK’s retail hot snacks market. Thanks in no small part to the expansion of the Subway chain from 300 outlets in 2005 to 1,400 outlets by 2011, the UK fast food market has been reshaped: sandwiches are no longer seen solely as a lunchtime item for office… Read more

An attractive smile – in particular white teeth – has become a sought-after physical attribute among today’s self-expressive and appearance-conscious US consumers. However, with today’s teeth whitening market nearing saturation in Western regions, it has become hard for industry players to achieve standout appeal. This blog entry examines how the Crest and Oral-B brands, which are both owned by Procter & Gamble, have used consumer-focused innovation to form a point of differentiation within the US teeth whitening market. The Crest and Oral-B 3D White Collection achieved $151.1m in first-year sales,… Read more

Cereal manufacturers in Australia and New Zealand have struggled to gain traction in the fiber cereal category. Not only do they have to contend with Kellogg’s dominance of the category, but they also face competition from non-cereal products touting the same benefits. This article investigates the appeal of fiber cereal, and how industry players can withstand competition from both within and outside of their category. The fiber cereal markets in Australia and New Zealand are characterized by numerous players, both new and established. Despite the number of products on offer… Read more

Amid a dwindling UK juice and smoothie category, Cherrygood, the UK’s first ready-to-drink cherry juice, has achieved notable market success following its launch in 2009. In its first year of operation the brand reported a turnover of £1.2m. This article will examine how Cherrygood’s unique product attributes and brand marketing have enabled it to form a point of differentiation within the UK juice and smoothie category and in so doing buck the category’s declining trend. The UK juice and smoothie category has fallen foul of cost-conscious consumers following the recession… Read more

As the attention consumers pay towards natural beauty and cosmetics that are “free-from” ingredients perceived as harmful continues to grow, packaging suppliers including Promens and Aptar have launched sterile packaging solutions that allow cosmetics manufacturers to sell preservative-free products. Although there is no scientific evidence that preservatives such as parabens are actually harmful at the levels at which they are used in personal care products, the combination of media misinformation, lobbying by non-governmental organizations (NGOs), and marketing claims made by the producers of natural products have tainted such chemicals in… Read more